DEADLINE: 11TH MAY, 2023
ALLIANCE FOR A GREEN REVOLUTION IN AFRICA (AGRA)
REQUEST FOR PROPOSAL FOR CONSULTANCY TO CATALYZE INVESTMENTS INTO AFRICA’S AGRICULTURE PRIVATE SECTOR
| Solicitation Reference No. | RFP-027-SP-2023 |
| Title of Solicitation | Consultancy to catalyze Investments Into Africa’s Agriculture Private Sector |
| Issuing Office & Address | AGRA Website: www.agra.org |
| Point of contact for clarifications & questions | AGRA General Procurement,Procurement@agra.org |
| Email Address for submission of Proposals/Quotes | AGRA General Procurement,Procurement@agra.org |
| Solicitation Issue Date | April 25th , 2023. |
| Confirmation of Interest to bid for the consultancy | Interested consultants/bidders are requested to register on the link below by close of business May 1st, 2023. Any additional communication will be shared with those that will have registered on the link below. For Registration Link click: HERE |
| Deadline for submission of questions and clarifications | May 3rd 2023 |
| Bidders Conference (Virtual) | May 4th 2023 |
| Deadline for Answering questions and clarifications | May 5th 2023 |
| Deadline for Submission of Proposals | May 11th, 2023, 5:00PM, East African Time.Please include the subject line “RFP-027-SP-2023” of the email. |
| Type of Consultant | Consultancy Firm |
| Anticipated Award Type | Consultancy Agreement |
| Selection Method | Quality and Cost Based Selection (QCBS) |
| Submission and Evaluation Criteria | Mandatory Eligibility Requirements: a) Company profile. b) Trading license or Certificate of incorporation or Certificate of Registration c) Tax clearance certificate (Applicable to firms originating from Kenya, Rwanda, Ghana, Tanzania, and Mozambique). d) Three reference letters of similar work carried out. e) CVs of key personnel. Evaluation Criteria a) Organizational Capacity……………………………………………………….10% b) Experience of the firm in similar assignments…………..………………30% c) Proposed approach, methodology and workplan…………………….25% d) Experience and qualifications of key personnel ……………………. 35% Total: ………………………………………………………………………………..100% NB. 1. Minimum technical pass mark is 75% 2. Selection Criteria –Technical weight: 80% –Financial weight: 20% |
(1) Background
The Dealroom is a matchmaking platform to provide companies in the agriculture and agribusiness sectors with access to finance, mentorship, and market entry solutions to support their growth objectives. The Dealroom brings together SMEs and potential investors from different countries, providing the SMEs with a platform to create awareness of their products and identify potential investors that can help them take their trade to scale. The Dealroom will also create opportunities for governments and investment promotion agencies to present investment opportunities, investment incentives and engage with interested investors. We have a database of over 1,000 SMEs, most of whom have met and interacted with investors and will need support to secure financing for their business growth.
The Dealroom facilitates substantive dialogue and connections among the four key stakeholders.
(i) Enterprises
(ii) Investors
(iii) AGRA & other partners
(iv) Governments.
This is achieved through eight underlying components that are implemented in collaboration with these stakeholders. The components include:
(a) SME matchmaking: Meetings between 200 SMEs and investors seeking a wide range of capital needs (US$50k to US$5m)
(b) Country presentations: Opportunities for circa 20 governments to generate investor interest.
(c) African Sourcing matchmaking: A side event and Platform for enterprises and farmer organizations to connect with anchor buyers.
(d) Public program: Expert presentations and panels, receptions and pitches open to the broader public.
(e) Investment and issue negotiations: Problem-solving sessions to address bottlenecks for selected deals.
(f) Platform of partners: AGRA partner engagement to advance their mission in the Dealroom.
(g) Virtual platform: A tool enabling stakeholders exchange contacts and identify common interests.
(h) Post-AGRF Portfolio Management: A mechanism that will follow up on transactions post-AGRF and potentially offer transaction advisory services.
(2) Objectives of this consultancy
The objective of the consultancy is to work with a to be segmented portfolio of African agSMEs providing them with a suite of appropriate interventions depending on their level of development, necessary to unlock investment and on the other hand, driving increased private investor appetite for agriculture and food business deals by showcasing an attractive portfolio of companies. This is achieved through;
(i) Increase the visibility of Africa’s agriculture investment pipeline; Build and promote a continental wide pipeline of inclusive investable business opportunities from transformative high growth SME’s to large scale public-private investments.
(ii) Improve the investment readiness of SMEs; Improve the investment and pitch-readiness of SMEs to engage with investors and other partners. There will be a specific focus on women and youth SMEs.
(iii) Increase the supply of investment offerings to private agriculture opportunities; Mobilize a wide range of domestic and foreign investors looking to invest in private companies.
(iv) Foster successful matchmaking between investors and SME investment opportunities resulting in increased partnerships, commitments, and resources; Identify, prepare, and facilitate substantive connections between enterprises and investors translating into renewed initiatives, resources, and investment commitments.
(3) Scope of Work
The scope of services for this consultancy will be contracted in a phased approach. Phase 1 will be implemented immediately, while Phase 2 implementation will be dependent upon funding. Firms are requested to bid for both Phase 1 and 2, clearly costing each phase separately.
